Pearl 132 Exclusive Semi-Ds, Seremban 2, IJM Land
Pearl 132 Exclusive Semi-Ds, Seremban 2, IJM Land
Further easing on property buying by foreigners expected
By THE STARPETALING JAYA: Analysts believe Prime Minister Datuk Seri Najib Tun Razak will make announcements to further liberalise property ownership by foreigners and boost the attractiveness of Malaysia for investment at the annual Invest Malaysia 2009 conference today. Following UBS Research’s bullish call on the property sector on June 19, HwangDBS Research yesterday also [...]
Hap Seng bids for half of Menara Citibank
By BUSINESS TIMESThe plantations and property group is believed to have offered RM800 per sq ft to RM900 per sq ft for the buildingPlantations and property group Hap Seng Consolidated Bhd (3034) has offered to buy half of Menara Citibank, an office building located at the heart of the city centre, near the Petronas Twin [...]
KL Metro in final sales push for Port Dickson project
By BUSINESS TIMESPROPERTY developer Kuala Lumpur Metro Development Sdn Bhd will continue to push overseas sales for a tenth of the total units left unsold in a Port Dickson water homes project, just months away from its opening.The Legend International Water Homes, located at two miles off Jalan Seremban in the beach town, started construction [...]
OCBC unveils new home loan package
By BUSINESS TIMESOCBC Bank (Malaysia) Bhd yesterday launched a new home loan package based on Mortgage Lending Rate (MLR).Called Ideal Mortgage, the package is priced more competitively than BLR-based ones and is flexible enough for borrowers to make a significantly lower investment outlay on their loans during the lock in period, the bank said in [...]
Investments in Malaysian hotels plunge
By BUSINESS TIMESHowever, there are signs of foreign investors returning to the Malaysian hotel market, says a real estate agentTransactions involving the buying and selling of Malaysian hotels have plunged fivefold, from RM1.2 billion worth of transactions in 2005 to RM205 million last year, as owners preferred to hold on to their assets as property [...]
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